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Reply to "Small Businesses & Taxes"
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[quote=Anonymous][quote=Anonymous]DH has a small company. He currently has 12 employees. The Republicans keep talking about taxes and small businesses but the problem isn't the tax rate. Yes, I would prefer to pay 13% like Romney but we don't mind 36%. The problem is paying estimated taxes on unrealized income. Paying taxes on income not received is a massive burden. I wish politicians would address this issue. I really would like the whole tax system overhauled because our CPA costs are rising faster than our insurance costs! Any other small business owners feel this? I suppose this is more of a vent. Republicans are just irritating me off with their "we're for the small business owner" when they don't even understand the problems and the solutions don't address them. [/quote] This is an interesting question. You're referring to the requirement to pay quarterly taxes, yes? But I think you're describing a cash-flow burden, not an actual tax burden.[/quote]
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